Pradeep Metals Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 594.3 million compared to INR 648.3 million a year ago. Revenue was INR 605.4 million compared to INR 651.3 million a year ago.

Net income was INR 20.2 million compared to INR 66.8 million a year ago. Basic earnings per share from continuing operations was INR 1.17 compared to INR 3.86 a year ago. Diluted earnings per share from continuing operations was INR 1.17 compared to INR 3.86 a year ago.